The two wealthiest and most-powerful college conferences announced Friday the formation of a joint advisory group of university leaders and athletic directors, with the intent to find solutions to the challenges facing college sports.
Wages rose unexpectedly fast in January, too. The strong hiring and wage growth could complicate or delay the Federal Reserve’s intention to start cutting interest rates later this year.
The NCAA’s deal with CBS and Warner Bros. Discovery for rights to the men’s Division I basketball tournament accounts for about $900 million annually. That means March Madness brought in about 69% of the NCAA’s revenue.
Indiana will receive more than $7.6 million from the settlement with Publicis Health to help address the opioid crisis.
On Wednesday, the CEOs went before the Senate Judiciary Committee to testify as lawmakers and parents grow increasingly concerned about the effects of social media on young people’s lives.
The Federal Reserve indicated Wednesday that it’s nearing a long-awaited shift toward cutting interest rates, a sign that its officials have grown confident that they’re close to fully taming inflation.
F1 is only interested in allowing Indianapolis-based Andretti Global in when General Motors has an engine built for competition. Had Andretti received approval for a new team, it would have had to use another manufacturer’s engine until 2028.
The lawsuit filed in the Eastern District of Tennessee claims the NCAA is “enforcing rules that unfairly restrict how athletes can commercially use their name, image and likeness at a critical juncture in the recruiting calendar.”
Mason Bates’ composition, based on Michael Chabon’s Pulitzer Prize-winning novel, is a co-commission with the Metropolitan Opera and was to have originated at the Dorothy Chandler Pavilion on Oct. 26.
Pay and benefits for America’s workers grew in the final three months of last year at the slowest pace in two and a half years, a trend that could affect the Federal Reserve’s decision about when to begin cutting interest rates.
Chancellor Donde Plowman called it “intellectually dishonest” for NCAA enforcement staff to pursue infractions cases as if students have no NIL rights or institutions are “willfully violating” a “clear and unchanging set of rules.”
Stephen Curry, the NBA’s all-time 3-point king, will take on the reigning WNBA 3-point shootout queen and single-season record holder Sabrina Ionescu in a battle they both have encouraged.
The ruling comes more than five years after a shareholder lawsuit targeted Tesla CEO Musk and directors of the company for unjust enrichment.
CEO Carol Tome said Tuesday that by reducing the company’s headcount UPS will realize $1 billion in cost savings. The job eliminations are anticipated to be among management roles and contractors, the company said.
The consumer confidence index, which measures both Americans’ assessment of current economic conditions and their outlook for the next six months, is at its highest level since December of 2021.
Voting advocates say the proposal approved by the House could make it even tougher for some people to vote.
Sexually explicit and abusive fake images of Swift began circulating widely last week on X. It’s made her the most famous victim of a scourge that tech platforms and anti-abuse groups have struggled to fix.
In a sweeping two-year investigation, The Associated Press found goods linked to prisoners wind up in the supply chains of everything from Frosted Flakes cereal and Ball Park hot dogs to Gold Medal flour and Coca-Cola.
Congress wants to end a tax break meant to encourage businesses to keep workers on the payroll during the COVID-19 pandemic. What was expected to cost the federal government $55 billion has instead cost it nearly five times that amount as of July.
Users have complained of an inability to access the service, delays in sending and receiving messages, and issues displaying graphics.
